International Paper Merges with DS Smith to Lead Global Sustainable Packaging Market
- International Paper and DS Smith’s merger aims to create a leader in sustainable packaging for North America and EMEA.
- The merger will enhance International Paper's portfolio, innovation, and customer service in sustainable packaging solutions.
- Headquartered in Memphis, International Paper is committed to responsible forest management and environmental stewardship post-merger.
International Paper and DS Smith Form Global Sustainable Packaging Leader
International Paper and DS Smith announce a transformative merger on January 31, 2025, aimed at creating a new global leader in sustainable packaging solutions with an emphasis on the North American and EMEA markets. By combining their strengths, the two companies aspire to enhance growth, profitability, and customer experience across their operations in over 30 countries, employing a workforce of more than 65,000. Andy Silvernail, Chairman and CEO of International Paper, underscores that this merger will significantly expand their portfolio of sustainable packaging solutions, thereby boosting innovation and geographic reach, while promising customers an unmatched service experience.
The newly formed entity is poised to integrate best practices from both organizations, ensuring a responsive and efficient service model that delivers exceptional value to customers. This strategic alliance not only enhances the companies' ability to meet evolving customer needs but also positions them at the forefront of sustainable packaging development. With sustainability as a core principle, the merged company commits to responsible forest management and environmental stewardship, aiming to positively impact the communities in which they operate.
As the combined forces of International Paper and DS Smith unite, they set their sights on developing groundbreaking sustainable packaging solutions that cater to global market demands. With net sales reaching $18.6 billion in 2024, this merger marks a significant step towards establishing a leading position in the sustainable packaging industry. Headquartered in Memphis, Tennessee, with an EMEA base in London, International Paper remains dedicated to making the world safer and more productive through innovative packaging solutions.
In addition to enhancing their service capabilities, the merger signifies a commitment to sustainability that aligns with global environmental goals. The new entity is equipped to leverage the innovative strengths of both companies to create revolutionary packaging solutions that address pressing environmental challenges. Stakeholders are encouraged to visit internationalpaper.com for further insights into the new organization and its initiatives.
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